One money, one voice? Evaluating ideological positions of euro area central banks

We provide new insights into the effectiveness of central bank communication in the euro area relying on a novel methodology. The time-varying text based ideal point model (TV-TBIP) is used focusing on two crucial topics communicated by central bankers, namely price stability and financial stability...

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Bibliographic Details

Published in:	European Journal of Political Economy Vol. 85; p. 102582
Main Authors:	Feldkircher, Martin, Hofmarcher, Paul, Siklos, Pierre L.
Format:	Journal Article
Language:	English
Published:	Elsevier B.V 01.12.2024
Subjects:	Central bankers’ speeches Monetary policy Text-based ideal point model E61 E31 E32 Text-based ideal point model Monetary policy E58 Central bankers’ speeches
ISSN:	0176-2680
Online Access:	Get full text
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